In 2016, Donald Trump’s win stunned Australians and sparked a sharemarket rally. This year, we may be more prepared, but we’re four times more exposed.
Rio Tinto’s $10 billion Arcadium Lithium takeover has the bulls excited again. But hedge funds believe the move signals a major shake-up and more pain ahead.
The appointment of the consulting group comes after the bank brought in law firms Allens and Herbert Smith Freehills to investigate issues within the markets division.
The major buyout firm has been forced to walk away from the hospitality empire that grew out of celebrity chef Neil Perry’s high-profile steak restaurant.
The big four bank chiefs can stride confidently into the capital. Perhaps the supermarkets, now under attack, can learn something from their rehabilitation.
Private equity investor Ben Brazil is ready to swoop on what he thinks will be an imminent wave of distress, and to profit from those who got in over their heads.
The firm, which is in the midst of selling a large part of itself to KKR, disclosed the write-down just four days before it delivers a full-year financial update.
John Hewson has resigned as DomaCom chairman as the company contends with a deal to keep it afloat and revelations NDIS investments it promoted are being forced to wind down.